Last Days
Stanley J. Harte, owner of the Empire Mutual building, purchased the Dauphin Hotel and the Marie Antoinette Hotel for $3 million when his structure needed extra space. He resold the land to another insurance company and leased it back for forty years, with options of thirty and twenty-nine additional years. Concurrently Sonnenblick-Goldman obtained a $3.3 million leasehold mortgage from Harte for twenty-five years with a thirty year option. There was an additional option to add five stories when necessary. The expansion was ongoing in December 1964.
Read more about this topic: Dauphin Hotel
Famous quotes containing the word days:
“Barely a twelvemonth after
The seven days war that put the world to sleep,
Late in the evening the strange horses came.”
—Edwin Muir (1887–1959)
“We hear a great deal of lamentation these days about writers having all taken themselves to the colleges and universities where they live decorously instead of going out and getting firsthand information about life. The fact is that anybody who has survived his childhood has enough information about life to last him the rest of his days.”
—Flannery O’Connor (1925–1964)